India boosts LNG imports in February

India's monthly liquefied natural gas (LNG) imports continue to rise, preliminary data from the oil ministry’s Petroleum Planning and Analysis Cell shows.

The country imported 3.07 billion cubic meters, or about 2.3 million metric tonnes, of LNG in February via long-term contracts and spot purchases.

This marks a rise of 7.3 percent compared to the same month in 2024, PPAC said.

PPAC’s data previously showed that LNG imports rose in January compared to the previous year.

From April 2024 to February 2025, India took 34.32 bcm of LNG, or about 25.8 million metric tonnes, up by 19.4 percent compared to the same period in the year before, according to PPAC.

India paid $1.3 billion for February LNG imports, up from $1.3 billion in February 2024. The country paid $14.2 billion for LNG imports in the April-February period, up from $12.2 billion in the same period before.

Moreover, India’s natural gas production reached about 2.74 bcm in February, a drop of 6.7 percent from the corresponding month of the previous year.

Natural gas production of 33.12 bcm in April-February was down by 0.5 percent compared to the same period before.

Eight LNG terminals

India now imports LNG via eight facilities with a combined capacity of about 52.7 million tonnes per year.

These include Petronet LNG’s Dahej and Kochi terminals, Shell’s Hazira terminal, and the Dabhol LNG, Ennore LNG, Mundra LNG, and Dhamra LNG terminal.

The newest LNG import terminal is HPCL’s 5 mtpa Chhara LNG import terminal in India’s Gujarat, which recently launched commercial operations.

PPAC said that during April-January, the 17.5 mtpa Dahej terminal operated at 98.8 percent capacity, while the 5.2 mtpa Hazira terminal operated at 37.3 percent capacity.

The 5 mtpa Dhamra LNG terminal operated at 41.6 percent capacity, the 5 mtpa Dabhol LNG terminal operated at 43.2 percent capacity, the 5 mtpa Kochi LNG terminal operated at 22.3 percent capacity, the 5 mtpa Ennore LNG terminal operated at 25.1 percent capacity, and the 5 mtpa Mundra LNG terminal operated at 23 percent capacity.

Petronet LNG expects to launch an additional 5 mtpa capacity at its Dahej LNG terminal in western Gujarat state by June this year.

Last year, Petronet launched two new Dahej LNG storage tanks, T-107 and T-108, each with a capacity of 180,000 cbm.

These two tanks add to six existing storage tanks at the Dahej terminal with a total capacity of 932,000 cbm, while Petonet is also building a third jetty at the facility.

India’s natural gas demand is forecast to increase by nearly 60 percent by 2030, doubling the country’s need for LNG imports, according to a recent report by the International Energy Agency.

India’s LNG imports will need to rise to around 65 bcm a year by 2030 to meet rising demand, the IEA said.

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